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Recent Answers
2008-08-20
Foreclosure - Foreclosure - wanted
:
Well I think this question needs to be addressed from two standpoints; Financially, and Ethically. I'm a very big advocate of personal responsibility, and while I understand better than most how grey the...
2008-08-20
Nonprofit Law - Booster Club
:
The IRS does not use the term "umbrella". I believe what you are asking about is what the IRS calls "group exemption". Group Exemption is discussed starting on the right column of page 6 to page...
2008-08-20
Nonprofit Law - Personal profit from non-profit
:
This forum is only for federal tax questions regarding 501(c)(3) public charities as I have explained in my profile. You would need to check Massachusetts law to see how it deals with such situations....
2008-08-20
Nonprofit Law - Gymnastics Booster Club
:
Bonus grants to recognize fundraising by families is compensation that is taxable to the recipient if the bonus grants were offered before the work. If offered after, without the fundraiser expecting...
2008-08-20
Residential Property Management - Security deposit
:
The property manager is acting as the agent of the owner, so the owner does owe you. It is poor practice for the property manager to give the deposit to the owner, however. First, the owner contracts...
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